KKR’s emphasis on long-term private equity investments
Other - APRIL 16, 2024

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KKR’s emphasis on long-term private equity investments

by Lewis Dayton

KKR is expecting to get more than $300 million of dividends by 2026 on 19 of its long-term private equity investments and $600 million of dividends by 2028, reported Allison McNeely and Lisa Abramowicz for Bloomberg.

The dividends are a result of KKR co-CEOs Joe Bae and Scott Nuttall’s bet on long-term private equity ownership, a strategy reminiscent of Berkshire Hathaway, wrote McNeely and Abramowicz.

KKR has doubled the size of its private equity business in the past five years, and KKR executives have said they intend to grow the firm to $1 trillion of assets under management over the next five years.

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